The Indian stock market is preparing for a significant entry in the technology sector as Kratikal Tech, an artificial intelligence-based cyber security company, has announced the launch of its Initial Public Offering (IPO), while 7 crore rupees, is scheduled to open for subscription on June 30, 2026. This move comes at a time when small and medium enterprise (SME) IPOs are gaining substantial traction among investors looking for innovative and profitable technology-driven companies. The company has established a price band of 128 rupees to 135 rupees per equity share for this offering.
IPO Timeline and Subscription Details
Investors interested in participating in this public issue will have a three-day window to place their bids. The IPO will officially open on June 30, 2026, and will conclude on July 2, 2026. For large institutional investors, commonly known as anchor investors, the bidding process will commence a day earlier, on June 29, 2026.4 lakh new equity shares through this process. A notable feature of this IPO is that it consists entirely of a fresh issue of shares, with no Offer for Sale (OFS) component. This means that the existing promoters aren't offloading their stakes, and the entire capital raised will be directed toward the company's growth and operational requirements.
Listing and Management
Following the completion of the subscription and allotment process, the shares of Kratikal Tech are expected to be listed on the BSE SME platform. The tentative date for the listing has been set for July 7, 2026. To ensure the smooth execution of the public issue, the company has appointed Beeline Capital Advisors as the lead manager for the IPO. This listing is anticipated to provide the company with the necessary visibility and capital to scale its operations in the highly competitive cyber security landscape.
Strategic Utilization of Funds
7 crore rupees it intends to raise from the market. A primary focus of the company is to expand its international footprint. Significant investments are planned for its UAE-based subsidiary, Threatcop FZ LLC, as well as its US-based unit, Threatcop AI Inc. Beyond global expansion, the funds will be utilized to bolster sales and marketing efforts, facilitate new talent acquisition, and accelerate the development of new products for its clientele. Also, a portion of the proceeds will be allocated toward general corporate purposes to support the company's overall business infrastructure.
Business Model and Market Presence
Operating in the rapidly evolving digital security domain, Kratikal Tech functions as an AI-based Software as a Service (SaaS) provider. The company’s flagship platform, Threatcop, offers advanced cyber security solutions to a diverse range of clients, from individuals to large organizations. Under the Kratikal brand, the firm also provides various technology-related security services. The company has already established a strong market presence, boasting a strong customer base of over 677 clients. This established reach highlights the growing demand for AI-driven security solutions in an era of increasing digital threats.
Financial Performance Overview
The financial health of Kratikal Tech reflects its growth trajectory in the cyber security industry. 72 crore rupees. 14 crore rupees. These figures demonstrate the company's ability to maintain profitability while scaling its technological offerings, making it a noteworthy contender for investors in the SME segment.